Uranium Participation Corporation Reports Net Asset Value at August 31, 2013

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TORONTO, ONTARIO -- (Marketwired - Sept. 5, 2013) - Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at August 31, 2013 was CAD$526.7 million or CAD$4.95 per share. As at August 31, 2013, UPC's investment portfolio consisted as follows:

(in thousands of Canadian dollars, except quantity amounts)

                                               Quantity        Cost   Market Value
Investments in Uranium: 					
  Uranium oxide in concentrates ("U3O8")  7,250,000 lbs   $ 342,495   $ 267,782
  Uranium hexafluoride ("UF6")            2,374,230 KgU   $ 389,998   $ 251,179
                                                          $ 732,493   $ 518,961
U3O8 average cost and market value per pound:
  - In Canadian dollars                                   $   47.24   $  36.941
  - In United States dollars                              $   43.23   $   35.00
UF6 average cost and market value per KgU:
  - In Canadian dollars                                   $  164.26   $ 105.791
  - In United States dollars                              $  152.06   $  100.25

1 Converted at the August 31, 2013 exchange rate of $1.0553.

At August 31, 2013, UPC has commitments to sell the conversion component of 120,759 KgU as UF6 for delivery in September 2013, and the conversion component of 100,000 KgU as UF6 for delivery in January 2014. To facilitate the sale of the conversion components, UPC will transfer 220,759 KgU as UF6 to the buyers and receive 576,811 pounds of U3O8 and consideration of US$2,117,000 (CAD$2,234,000).


About Uranium Participation Corporation

Uranium Participation Corporation is a company that invests substantially all of its assets in uranium oxide in concentrates ("U3O8") and uranium hexafluoride ("UF6") (collectively "uranium"), with the primary investment objective of achieving appreciation in the value of its uranium holdings. Additional information about Uranium Participation Corporation is available on SEDAR at www.sedar.com and on Uranium Participation Corporation's website at www.uraniumparticipation.com.


Contact

Uranium Participation Corporation
Ron Hochstein, President and Chief Executive Officer
(416) 979-1991 Ext. 232

Uranium Participation Corporation
James Anderson, Chief Financial Officer
(416) 979-1991 Ext. 372